The simple truth is that owning a dog can affect your home insurance. This all has to do with liability coverage.
As part of your home insurance, liability coverage kicks in if you are ever found responsible for accidental injury or property damage. This protection travels with you wherever you go, even beyond your property.
Having a dog can increase your chances of being held responsible for accidental injury. In 2020 alone, there was approximately 17 thousand dog bite claims. And on average, each dog bite claim costs over $50,000 to settle.
So, from an insurance perspective, owning a dog can increase your liability risk.
21 авг 2024
